Your long term support of Bottomless Closet will help us meet our current goals and reach further into the future.
By including Bottomless Closet in your will or trust, naming Bottomless Closet as a beneficiary of all or part of a life insurance policy, or taking advantage of other giving opportunities, you can preserve your assets now and support for years to come. Your gift will have a real, lasting impact.
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Not only do you have options for how your gift to Bottomless Closet will be used, you also have options on what to give and how to give. There are gifts that cost you nothing now, gifts that pay you income, and gifts that allow you to decide what happens when.
Through a provision in your written and executed will, you can make a gift in the form of cash, securities, real estate or personal property. There are many types of bequests. Choose the one that best fits your needs and intentions.
Download Bequest Language
Naming Bottomless Closet as the beneficiary of a qualified retirement plan asset such as a 401(k), 403(b), IRA, Keogh, profit-sharing pension plan or other donor-advised funds, will accomplish a charitable goal while realizing significant tax savings.
Download Beneficiary Gifts
Name Bottomless Closet as the beneficiary of an existing life insurance policy.
Learn More about Life Insurance
Designate Bottomless Closet as a beneficiary to receive all or a portion of the balance of your Donor Advised Fund (DAF) through your fund administrator. You also can make a grant to us at any time from your donor-advised fund.
Learn More about DAFs
If you're 70 ½ or older, you can make a gift directly from your IRA to Bottomless Closet. While there is no charitable deduction for a rollover gift, you do avoid the income tax on the donated portion of your required minimum distribution.
Download IRA Rollover Information
When you donate appreciated stocks, bonds, or mutual fund shares instead of cash, you'll receive charitable deductions at full, fair market value while reducing capital gains impact.
Download Stock Transfer Information
There are many other ways to support Bottomless Closet through a planned giving vehicle. Charitable Trusts, Life Insurance and more may be good options for you. We can show you creative ways to use your assets to benefit Bottomless Closet, while at the same time preserving the benefits of those assets for you and your family.
Contact Us to Discuss Your OptionsDevelopment Director
ycassidy@bottomlesscloset.org
1 West 34th Street, Fifth Floor
New York, NY 10001
If you are working with a professional advisor, or advising a donor, here's a practical guide for including in a charitable estate plan.
